Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Pacifica−0.030%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.030%, 7d avg −0.021%
=Together, before fees−0.056%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica TRUMP | 2.2107 | 0.0100 | pay 0.0013% / 1h | 54m 17s | $190K | $59K | 10x |
| Short | Bybit TRUMPUSDT | 2.2100 | 0.0100 | get 0.0050% / 4h | 54m 17s | $30.9M | $43.6M | 50x |
Pacifica TRUMP
Bybit TRUMPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.030% → −0.021%
- −$0.82
- Slippage, 4 orders
- −$34.58
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$54.4
- Costs to cover
- 0.536%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 24 min ago; Bybit: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 24 min ago | 4.57 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.27 bp | 11.1 bp −$11 | 18.7 bp −$187 | 107.8 bp −$10.8K | doesn't fit |
TRUMP on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.1537% | 1h | 2.1920 | −0.844% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.2092 | −0.065% | $5 | — | 10x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.2117 | +0.048% | $28K | $485 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.2099 | −0.034% | $414K | $76K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.2096 | −0.048% | $42K | — | 150x | as long as short |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.2015 | −0.413% | $120K | $248K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0087% | 4h | 2.2090 | −0.075% | $3K | $249K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0095% | 8h | 2.2090 | −0.075% | $5K | — | 5x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.2089 | −0.079% | $992K | $726K | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.2099 | −0.035% | $460K | $834K | 20x | as long as short |
Injective TRUMP/USDC PERP
Reya TRUMPRUSDPERP
dYdX TRUMP-USD
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
edgeX TRUMPUSDC
Orderly PERP_TRUMP_USDC
Paradex TRUMP-USD-PERP
Lighter TRUMP
Aster TRUMPUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica TRUMPlong | +0.0100% | 1h | 2.2107 | long leg | $190K | $59K | 10x | |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.2093 | −0.063% | $63.3M | $221.8M | 75x | as long as short |
| Bybit TRUMPUSDTshort | +0.0100% | 4h | 2.2100 | −0.030% | $30.9M | $43.6M | 50x | |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.2100 | −0.030% | $27.2M | $152.6M | 50x | as long as short |
| Gate TRUMP_USDT | +0.0100% | 4h | 2.2100 | −0.030% | $7.5M | $47.4M | 75x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.2080 | −0.120% | $485K | $131K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.2110 | +0.016% | $4.7M | $10.4M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.2100 | −0.030% | $15.7M | $21.3M | 75x | as long as short |
| Variational Omni TRUMP | +0.0100% | 4h | 2.2022 | −0.382% | $690K | $279K | — | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.2027 | −0.361% | $193K | $4.5M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.2120 | +0.061% | $2K | $1.5M | 50x | as long as short |
| SoDEX TRUMP-USD | +0.0100% | 1h | 2.2095 | −0.052% | $74 | $6K | 5x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.2120 | +0.061% | $527K | $1.8M | 50x | as long as short |
| Extended TRUMP-USD | +0.0104% | 1h | 2.2091 | −0.071% | $76K | $471K | 25x | as long as short |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.2082 | −0.109% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0216% / S −0.0188% | 1h | 2.2091 | −0.072% | $10K | — | 100x | as long as short |
| Hyperliquid TRUMP | +0.0272% | 1h | 2.2124 | +0.079% | $14.2M | $7.4M | 10x | as long as short |
| BloFin TRUMP-USDT | +0.0340% | 4h | 2.2120 | +0.061% | $4.2M | $632K | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0424% | 1h | 2.2010 | −0.437% | $284K | $401K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0596% | 1h | 2.2144 | +0.169% | $261K | $275K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0864% | 1h | 2.2121 | +0.063% | $1.3M | $2.5M | 50x | as long as short |
Binance TRUMPUSDT
OKX TRUMP-USDT-SWAP
Gate TRUMP_USDT
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Variational Omni TRUMP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
SoDEX TRUMP-USD
HTX TRUMP-USDT
Extended TRUMP-USD
Aevo TRUMP-PERP
GMX TRUMP/USD [ETH-USDC]
Hyperliquid TRUMP
BloFin TRUMP-USDT
Coinbase International TRUMP-PERP-INTX
Backpack TRUMP_USDC_PERP
Kraken Futures PF_TRUMPUSD